HCL Tech Share Value Dividend, HCL Dividend File Date 2022, Ex Date, Cost Date: HCL Applied sciences Restricted, NSE: HCLTECH, has introduced a whopping 500 per cent interim dividend to its shareholders. HCL Tech is the nation’s third largest IT firm. The Noida headquartered firm by means of an alternate submitting knowledgeable concerning the determination to pay an interim dividend, the report date for the dividend cost and the dividend cost date. That is the third interim dividend introduced by HCL Tech this yr.
HCL Dividend Quantity 2022
HCL Tech can pay a Rs 10 dividend per fairness share to its shareholders. The face worth of every share of HCL Tech is Rs 2. The dividend quantity of Rs 10 interprets into 500 per cent.
“The Board of Administrators has declared an Interim Dividend of Rs. 10/- per fairness share of Rs 2 every of the corporate for the Monetary Yr 2022-23,” HCL Tech mentioned in a submitting.
HCL Dividend Ex-Date 2022
The ex-dividend date is often one enterprise day earlier than the report date. HCL Tech shares will commerce ex-date someday earlier than the report date. HCL Tech ex-dividend date is October 19.
What Is Ex-Dividend Date
If an individual buys a inventory or share on the ex-dividend date or after, he/she is not going to be eligible for receiving the advantages of the dividend. To obtain a dividend, one should purchase inventory(s) earlier than the ex-dividend date.
HCL Dividend 2022 File Date
HCL Tech has fastened the report date for figuring out the eligibility of the shareholders who will obtain a Rs 10 interim dividend. It implies that these having HCT Tech shares of their Demat account on the report date will obtain the dividend quantity.
“The report date of October 20, 2022, fastened for the cost of the aforesaid interim dividend has been confirmed by the Board of Administrators,” the IT firm mentioned.
HCL Dividend Cost, Payout Date 2022
In accordance with HCL Tech, the dividend will likely be paid to the shareholders within the month of November. “The Cost date of the mentioned interim dividend shall be November 2, 2022,” HCL Tech mentioned.
HCL Tech share dividend quantity will likely be credited immediately into the financial institution accounts of the shareholders.
HCL Dividend Historical past
That is the third interim dividend introduced by HCL Tech this yr. Earlier than this, HCL had paid an interim dividend of Rs 10 in July and Rs 18 in April.
Within the final Monetary Yr -2021-22, the corporate paid dividends on 4 events. This included 4 interim dividends and one particular dividend. The interim dividends had been paid as — Rs 6 in April; Rs 6 in July; Rs 10 in October and Rs 10 in January. HC Tech particular dividend of Rs 10 was paid to the shareholders in April.
HCL Tech dividend yield is 4.78 per cent.
HCL Share Value Historical past
HCL Tech is a blue-chip IT firm. HCL Tech inventory has jumped over 5 per cent within the final 5 buying and selling periods (October 10 to 14). In 2022 to date, HCL Tech share value has delivered a damaging return of round 25 per cent to its buyers. The inventory is at the moment obtainable at a reduction of round 23 per cent from its 52-week excessive of Rs Rs 1359.40 on the NSE. The 52-week low is Rs 877.35.
HCL Tech Q2FY23 Consequence
Within the July-August quarter of FY23, HCL Tech reported a 7.05 per cent YoY improve in its consolidated web revenue to Rs 3,489 crore. The corporate’s income jumped 19.51 per cent throughout Q2FY23 to Rs 24,686 crore from Rs 20,655 crore a yr in the past. HCL Tech’s web revenue had stood at Rs 3,259 crore within the corresponding interval a yr in the past.
HCL Share Value Goal NSE, BSE
Brokerage agency Morgan Stanley has set a brand new goal for HCL Tech share value after the corporate reported better-than-expected leads to the second quarter. It has set a brand new goal of Rs 1100.